HDFC Equity Savings Fund
The scheme seeks to provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments.
Growthvine rating: 3/5 — ranked #10 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
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| NAV | ₹68.16 (as of 2026-08-21) |
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| AUM | ₹5,699 Cr |
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| Expense ratio | 1.58% |
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| Riskometer | Moderately High |
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| Fund manager | Srinivasan Ramamurthy |
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| Exit load | For units in excess of 15% of the investment, 1% will be charged for redemption within 1 month |
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Performance & risk
| 5-year annualised return | 8.19% |
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| Sharpe ratio | 0.39 |
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| Standard deviation | 5.22% |
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| Max drawdown | -17.05% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 125.0% of NIFTY 50 Hybrid Short Duration Debt 25:75 Index's upside and 152.9% of its downside.
Market cap allocation
| Large cap | 88.6% |
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| Mid cap | 4.1% |
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| Small cap | 7.3% |
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Concentration
| Top 5 holdings | 23.8% |
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| Top 10 holdings | 37.3% |
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| Total holdings | 99 |
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Top holdings
- Net Receivable / Payable — 30.0%
- HDFC Bank Ltd. — 7.1%
- Reliance Industries Ltd — 5.6%
- Sun Pharmaceutical Industries Ltd. — 4.0%
- NTPC Limited — 3.8%
- TREPS - Tri-party Repo — 3.6%
- Titan Company Limited — 3.3%
- ICICI Bank Ltd. — 3.0%
- Larsen & Toubro Limited — 3.0%
- Tata Consultancy Services Ltd. — 2.7%
Top sectors
- Banking & Financial — 15.4%
- Automobile — 8.1%
- Petroleum Products — 5.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 0.4% | Q3 | #19 of 25 |
| 2025 | 6.8% | Q2 | #9 of 22 |
| 2024 | 10.3% | Q3 | #12 of 22 |
| 2023 | 13.8% | Q2 | #10 of 21 |
| 2022 | 6.0% | Q1 (Top) | #4 of 19 |